Auto Warranty Companies Fight For Your Business
car warranty - The world of auto warranty companies is really a fiercely competitive one. You can find a limited number of cars on the highway - granted, there are millions of them, and every one of them, at some time or still, has or enjoyed a warranty - however with the multitude of companies fighting for the business of those drivers, it means that each and every car owner will be the target of some very hungry sales reps.
This is definitely a daunting position to stay in for any car owner. If you are investing in a new car from a dealership, or investing in a used car, you will see people promoting you their warranty services.
Within the dealership, you might come across a pushy sales representative who will try everything they can to help you get to sign on for the extended warranty when you create your initial purchase. There are benefits to buying during those times, including obtaining the costs from the warranty rolled up to the financing for that car, and knowing that your dealership will continue to be the place to get any repairs or replacements done. But these comforts might end up costing you hundreds or lots of money over time. Sales people make very large commissions on warranties, so they're eager to obtain to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you should pay more up-front with those third-party companies, instead of adding a tiny number in your monthly car payment bills. Nevertheless it would likely save you money.
But as not all the car sales representative has gone out to rip you off, not all third-party providers are excellent guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you being a client, so use that to your advantage. Make a price comparison, take a look at all of the terms of the warranties offered, and tell the companies you speak with “hey, cause me to the very best offer.” If they can't, someone else will.